All Posts Tagged Tag: ‘Eduardo Saverin’

This Was Facebook’s Ad Pitch Eight Years Ago

Remember the Facebook of old? There were no Timelines, no FarmVille requests, not even a news feed. It was powered by wall posts after hazy nights of college binge drinking and coy inside jokes about random hookups with complete strangers. Six or seven years ago, Facebook really was the college experience online. But just a little bit before that – …

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Eduardo Saverin Talks Facebook With Veja

We’ve been covering Facebook co-founder Eduardo Saverin, and his plan to renounce his United States citizenship all throughout May. First, he was accused of trying to skirt taxes by renouncing his citizenship, but his representatives tried to explain that wasn’t the case. Next, Senator Charles Schumer of New York claimed Saverin was running a scheme and took legal action to …

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Eduardo Saverin Congratulates Facebook, Zuckerberg for IPO

Who says money can’t buy everything? Well, maybe it can’t, but it sure can buy various levels of forgiveness, provided it was even required. Of course, when you stand to make $3 billion or more, there’s undoubtedly a tendency to look back on the past with more romanticized perspective, while allowing potential grudges to be dissolved. Or it could be …

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Facebook Co-Founder Responds to Allegations of a Scam

As you may recall Facebook co-founder Eduardo Saverin has been getting a lot of grief over his decision to renounce his United States citizenship and live in Singapore. Most of the concern revolved around him escaping high income taxes that would be owed on his 4% share of Facebook, which is set to go public tomorrow. Earlier today senator Charles …

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Senator Responds to Saverin’s Tax Scheme

We’ve been following Facebook co-founder Eduardo Saverin and his exit from the United States involving him renouncing his US citizenship. According to representatives speaking on Saverin’s behalf, his decision to leave the US has nothing to do with avoiding taxes, but rather to do with freedom to live and invest where he sees fit. Apparently we were not the only …

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Saverin May Never See the United States Again

You might remember we’ve been reporting on Facebook co-founder Eduardo Saverin’s exit from the United States. He has renounced his United States citizenship and moved to live in Singapore. According to a representative of Saverin’s, the decision has nothing to do with escaping sizable IRS bills attributed to his 4% share in Facebook. When Saverin’s request goes through to officially …

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Facebook Co-Founder Severin Could Save $67 Million

You might recall last Friday when we reported on Facebook co-founder Eduardo Saverin. Eduardo attended Harvard with Mark Zuckerberg and helped Facebook arrange for much of the financing that got it to where it is today. Before the social network site really took off, Eduardo was forced out of the loop, but some years later he filed a lawsuit against …

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Facebook Co-Founder Makes Excuses for Renouncing US Citizenship

As we reported on friday, Facebook co-founder Eduardo Saverin has renounced his United States citizenship which he has held since 1998. Saverin moved to the US from Brazil in 1992 and met the now the famous social network creator, Mark Zuckerberg during his days at Harvard. According to the 2012 film, the Social Network, Eduardo contributed a great deal to …

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Facebook Co-Founder Resigns Citizenship to Escape High U.S. Taxes

If you haven’t been living under a rock you know Facebook is about to go public and that current estimates value the company in the $90 billion+ range. Essentially, everyone with stock in the company is about to have a big payday. At some point going public became an inevitability and for those who saw it coming, they have been …

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